ETHUSD: Moving onto a Triangle. Still short on the long term.

Despite last week's aggressive rise, Ethereum found support just below 190.00 and followed the general buying frenzy of the crypto market yesterday to above 240 levels before eventually giving back 50% of the daily gains. These Higher Low and Lower High spots have created a wider 1D Triangle (RSI= 47.763, Williams = -46.179, Highs/Lows = 0.0000) but still more negatively charged (MACD = -7.150, ADX = 21.696, ROC = -4.288). With 1W still on strong downtrend (RSI = 35.733, Highs/Lows = -49.2689, B/BP = -144.2787), every rise below 256.00 is still a short medium term opportunity. TP = 176.16 and 138.61.